European Central Bank President Christine Lagarde issued a stark warning today, highlighting the potential danger to both the United States and the global economy if President Donald Trump gains influence over the US monetary policy.
Speaking to French radio station Radio Classique, Lagarde said, “If that happens, it will pose a very serious risk to the American and global economy.”
She emphasized that the US Federal Reserve’s policies are crucial for maintaining price stability and employment in the United States, and any deviation driven by political influence could destabilize not only the US economy but also global markets.
Lagarde warned that monetary decisions dictated by individual political agendas rather than sound economic principles could have “grave” consequences worldwide, underscoring the interconnected nature of today’s financial system.
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